US government plans to take a 10% stake in Intel
Such federal government ownership of a major corporation would mark a dramatic departure from long-standing U.S. policy.
Nvidia is latest investor to back AV startup Nuro in $203M funding round
Nuro has attracted more investors, and capital, to push its Series E round to $203 million.
TechCrunch Mobility: Ford’s big bet
Welcome back to TechCrunch Mobility, your central hub for news and insights on the future of transportation.
SoftBank makes $2B investment in Intel
Softbank will pay $23 per share for Intel common stock.
Winklevoss twins’ crypto company Gemini files for IPO
Another crypto company is headed for the public markets.
TechCrunch Mobility: The triple punch headed for automakers
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation.
Ford throws out Henry Ford’s assembly line to make low-cost EVs in America
The automaker is investing $2 billion into the Louisville Assembly Plant with a $30,000 EV pickup slated for 2027.
Federal regulators give Zoox an exemption for its custom-built robotaxis
NHTSA is also closing an investigation into the Amazon-owned autonomous vehicle company.
TechCrunch Mobility: Tesla’s ride-hailing gambit
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation.
Lyft and China’s Baidu look to bring robotaxis to Europe next year
The companies want to launch the robotaxi services in Germany and the U.K. first, pending regulatory approval.